$419,000
●
House -
Off Market
37 HARPOON ROAD
OCEAN PINES, MD 21811
4 Beds
3 Baths,
1
Half Bath
2,000 Ft²
$2,422
Est. Monthly
$74
HOA / Fees
5.37%
Cap Rate
About This Property
Welcome to your dream home! This stunning 4-bedroom, 3.5-bathroom
property offers an array of desirable features to suit every
lifestyle. The oversized main-level owner's suite boasts a
luxurious walk-in closet, providing ample storage and convenience.
The updated kitchen is a chef's delight, paired with a new clothing
washer and dryer for modern living ease.
Enjoy year-round comfort with air conditioning and cozy evenings by the gas fireplace. The spacious sunroom is perfect for soaking up natural light or relaxing with a good book. Step outside to a huge, fully fenced backyard-ideal for entertaining, gardening, or creating your personal oasis. Plus, laundry on the main level adds practicality to its charm. Just 10 minutes to the beach!
This property is an absolute must-see
Enjoy year-round comfort with air conditioning and cozy evenings by the gas fireplace. The spacious sunroom is perfect for soaking up natural light or relaxing with a good book. Step outside to a huge, fully fenced backyard-ideal for entertaining, gardening, or creating your personal oasis. Plus, laundry on the main level adds practicality to its charm. Just 10 minutes to the beach!
This property is an absolute must-see
Unit Size
2,000 Ft²
Days on Market
239 days
Land Size
0.30 acres
Price per sqft
$215
Property Type
House
Property Taxes
$237
HOA Dues
$74
Year Built
1990
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 11 months ago (Bright MLS #MDWO2030062)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Oct 16, 2025 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Price Decreased |
$430,000
↓ $15K
(3.4%) | |
| Price Decreased | |||
| Jul 10, 2025 | Price Decreased |
$444,900
↓ $17K
(3.7%) | |
| Price Decreased | |||
| Jun 25, 2025 | Price Decreased |
$462,000
↓ $18K
(3.8%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Ocean Pines
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Listed by: ALTAVIA LeVette LITTLE
Weichert, Realtors - Integrity Home Team
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDWO2030062
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Weichert, Realtors - Integrity Home Team
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDWO2030062
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